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NextEra Energy, Inc. Q2 adjusted earnings Beat Estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

NextEra Energy, Inc. (NEE) announced earnings for second quarter that dropped from last year.

The company's profit came in at $0.26 billion, or $0.13 per share. This compares with $1.28 billion, or $0.65 per share, in last year's second quarter.

Excluding items, NextEra Energy, Inc. reported adjusted earnings of $1.40 billion or $0.71 per share for the period.

Analysts had expected the company to earn $0.68 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 6.4% to $3.93 billion from $4.20 billion last year.

NextEra Energy, Inc. earnings at a glance:

-Earnings (Q2): $1.40 Bln. vs. $1.29 Bln. last year.
-EPS (Q2): $0.71 vs. $0.65 last year.
-Analysts Estimate: $0.68
-Revenue (Q2): $3.93 Bln vs. $4.20 Bln last year.

-Guidance:
Full year EPS guidance: $2.40 to $2.54

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